Aegis High Yield  AHYFX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
High Yield Bond Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   3.70 Yrs
   Avg Credit Quality
   B
As of 2009-09-30
Day Change
$ -0.03
  
NAV (2009-11-20)
$ 10.05
  
YTD Return % (2009-11-20)
58.68%
  
Total Assets ($ mil)
16
View Data Definitions
  Performance    
Growth of $10,000 Fund: Aegis High Yield
(from 2004-01-02 to 2009-10-31) Category: High Yield Bond
Index: BarCap US Agg Bond TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 2004-01-02 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 58.68 62.48 7.18 8.13 --- 7.26
+/- Category 17.73 26.90 4.57 4.08 --- ---
+/- BarCap US Agg Bond TR USD 51.77 49.99 0.73 2.86 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 54.44 24.73 7.09 7.91 --- 7.05
Month-End (as of 2009-10-31) 57.10 53.20 7.36 8.02 --- 7.26
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 48.22 4.18 5.25 --- ---
On Distribution & Sale of Shares --- 33.70 4.39 5.22 --- ---
Morningstar Rating --- --- --- ---
# of compared funds covered (3 yrs : out of 471 funds), (5 yrs : out of 401 funds), (10 yrs : out of funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
US Government 0.00
US Treasuries 0.00
TIPS 0.00
US Agency 0.00
Mortgage 0.00
Mortgage Pass-Thru 0.00
Mortgage CMO 0.00
Mortgage ARM 0.00
Credit 83.51
US Corporate 78.56
Asset-Backed 0.03
Convertible 4.92
Municipal 0.00
Corporate Inflation-Protected 0.00
Foreign 5.67
Foreign Corp 5.67
Foreign Govt 0.00
Cash 10.82
Bond Quality % of Bonds
AAA 0.0
AA 0.0
A 0.0
BBB 5.5
BB 7.3
B 48.4
Below B 26.5
Not Rated 12.3
 
Asset Allocation
% of Net Assets
Cash 9.7
Stocks 0.0
Bonds 75.3
Other 15.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-09-30 Data through 2009-09-30
 
Holding Status
Total Number of Stock Holdings Turnover % 9
Total Number of Bond Holdings 41 30 Day SEC Yield % 9.09
% of Assets in Top 10 Holdings 47.69 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Money Market Fiduciary 2009-10-07 1,274 1,274 9.28
Exide Tech 10.5% 2013-03-15 1,000 988 7.19
Intl Coal Grp 10.25% 2014-07-15 1,000 915 6.66
Williams Clayton Engy 7.75% 2013-08-01 813 703 5.12
Pma Cap Pfd 2018-06-15 83 698 5.08
Hrpt Pptys Tr Pfd --- 38 691 5.03
Horizon Lines Cv 4.25% 2012-08-15 750 595 4.34
BlackRock High-Income --- 283 515 3.75
Mcmoran Explor 11.875% 2014-11-15 500 503 3.66
BRIGHAM EXPLORATION 2014-05-01 535 476 3.47
Data through 2009-09-30
  Other Information
Fund Inception: 2004-01-02
Portfolio Manager  (Start Date)
Scott L. Barbee  (2008-10-01)
Barbee serves as managing director and portfolio manager with AFC, his employer since 1997. Previously, he was an equity research analyst with an investment management boutique Donald Smith & Company. Prior to that, from 1993 to 1995, he was an oil service equity research analyst and later an oil service investment banking analyst at Simmons & Company. Barbee holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-04-29)
Front: None
Deferred: None
Expense Ratio % 1.20
based on net assets
(taken from annual report dated 2008-12-31)
Correspondence Information
1100 North Glebe Rd
Ste 1040
Arlington,  VA  22201
Telephone:
800-528-3780
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.